| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $166M | $214M | -1.0% | -23.2% |
| Op. Income | $27M | $27M | $35M | -1.1% | -23.3% |
| Gross Margin | 32.3% | 32.6% | 28.8% | -0.3pp | 3.6pp |
| Net Margin | 10.3% | 10.9% | 11.7% | -0.6pp | -1.4pp |
| EPS (Diluted) | $1.53 | $1.63 | $2.28 | -6.1% | -32.9% |
| Free Cash Flow | $45M | -$219.0K | $6M | 20748.4% | 704.5% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $9M |
| General & Administrative | $13M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $27M |
| Interest Income | $680.0K |
| Interest Expense | $948.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $27M |
| EBITDA | $32M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $53M |
| R&D Expenses | $5M |
| Selling & Marketing | $9M |
| General & Administrative | $13M |
| SG&A Expenses | $22M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $27M |
| Interest Income | $680.0K |
| Interest Expense | $948.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $5M |
| EBIT | $27M |
| EBITDA | $32M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $950.0K |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$56.0K |
| Common Stock Repurchased | -$108.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $108.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $13M |
| Net Receivables | $154M |
| Inventory | $167M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $491M |
| PP&E (Net) | $114M |
| Goodwill | $67M |
| Intangible Assets | $17M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $232M |
| TOTAL ASSETS | $724M |
| Account Payables | $42M |
| Short-Term Debt | $225.0K |
| Deferred Revenue | $23M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $689.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $154M |
| TOTAL LIABILITIES | $287M |
| Common Stock | $19M |
| Additional Paid-In Capital | $97M |
| Retained Earnings | $621M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $437M |
| Minority Interest | $0 |
| TOTAL EQUITY | $437M |
| TOTAL LIABILITIES & EQUITY | $724M |
| Total Debt | $137M |
| Net Debt | $5M |
